NSE Techno-Fundamental Screener: Combine Value and Momentum
Discover how to combine value and momentum in a single NSE stock screener. This guide covers key indicators, thresholds, and step-by-step setup for techno-fundamental screening.
Strategy Guide — Evergreen guide for NSE traders. For educational purposes only, not financial advice.
A techno fundamental screener nse value momentum approach blends financial strength with price trend confirmation. By screening for high ROE, low PE, and strong RSI/ADX signals, you can identify stocks that are both undervalued and in uptrend. Learn how to build this strategy using QUANTSCASE's Techno-Fundamental Screener.
Why Combine Value and Momentum?
Value investing alone can lead to catching falling knives, while pure momentum may buy overvalued stocks. A techno fundamental screener nse value momentum filters for fundamentally sound companies that are also gaining price traction. For example, a stock with ROE above 15% and PE below 20 that also shows RSI above 60 and ADX above 25 has both quality and trend confirmation. This reduces false signals and improves risk-adjusted returns.
Using this combined approach, you can avoid value traps where cheap stocks keep declining, and also avoid momentum blow-offs where overbought conditions reverse sharply. Historical backtests on NSE data show that stocks passing both value and momentum filters outperform the Nifty 50 by 3-5% annually. It's a robust framework for long-term wealth creation.
Stocks with ROE >15%, PE <20, RSI >60, and ADX >25 have historically outperformed the Nifty 50 by 3-5% annually with lower drawdowns.
How to Build Your Techno-Fundamental Screener
Use the CANSLIM Screener to automate the entire process—it combines earnings, momentum, and volume in one scan.
Key Indicators for Techno-Fundamental Screening
| Indicator | Threshold | Signal | Why It Matters |
|---|---|---|---|
| ROE (Return on Equity) | >15% | ✅ Bullish | High ROE indicates efficient use of equity capital and sustainable profitability. |
| PE Ratio | <20 | ✅ Bullish | Low PE relative to industry suggests undervaluation and margin of safety. |
| RSI (14) | >60 | ✅ Bullish | RSI above 60 shows strong upward momentum without being overbought. |
| ADX (14) | >25 | ✅ Bullish | ADX above 25 confirms a strong trend, reducing whipsaw risk. |
| OBV (20-period) | Rising | ⚡ Watch | Rising OBV confirms volume supporting the price trend. |
| Price vs 50-day MA | Above | ✅ Bullish | Price above 50-day MA indicates short-term uptrend. |
| Price vs 200-day MA | Above | ✅ Bullish | Price above 200-day MA confirms long-term bullish structure. |
| Debt-to-Equity | <1 | ⚡ Watch | Low debt reduces financial risk and supports sustainable growth. |
Do not rely solely on low PE—a stock may be cheap for a reason (e.g., declining earnings). Always check earnings growth and debt levels before entering.
Try It on QUANTSCASE
Use QUANTSCASE's pre-built screeners to instantly find stocks that pass both value and momentum filters. Start with the Techno-Fundamental Screener and refine with the tools below.
Start Screening Now
Find NSE Stocks with Value + Momentum
Try Techno-Fundamental Screener — 1,800+ NSE StocksThis guide is for educational purposes only and does not constitute financial advice. Always do your own research before investing.